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On June 1,2014,James Places in Service a New Automobile That

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On June 1,2014,James places in service a new automobile that cost $40,000.The car is used 60% for business and 40% for personal use.(Assume this percentage is maintained for the life of the car. ) James does not take additional first-year depreciation (if available) .Determine the cost recovery deduction for 2014.


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Mechanical Solidarity

A concept in sociology that describes the integration of members of a society who have common values and beliefs that create a sense of unity and cooperation.

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A set of shared ethical principles and values that guide behavior and decision-making within a community or society.

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